114 &116.5 Elm Street, Bangor, ME 04401 (MLS # 1636637)
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Don't miss your chance to own two properties on one lot in one of Bangor's most desirable neighborhoods. This unique package features four total units, providing instant scale for your portfolio. Located in the sought-after Tree Street District, the properties are surrounded by a vibrant, walkable community with strong rental demand. Three of the four units are already rented long-term, delivering immediate cash flow and stability from day one. With one unit available for an owner-occupant or new tenant, you have flexibility to maximize returns. The Tree Street area's reputation for charm and convenience ensures ongoing demand, making vacancies rare and rent growth steady. Opportunities like this rarely come on the market "” especially with multiple units on a single lot in such a prime location. Whether you're looking to expand your existing holdings or make a smart entry into Bangor's multifamily market, this property checks all the boxes: location, cash flow, and future appreciation potential. Property is Broker Owned.
LAST UPDATED | 9/6/2025 | YEAR BUILT | 1900 |
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COUNTY | Penobscot | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR | None |
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CONSTRUCTION | Asbestos, Vinyl Siding |
HEAT | Baseboard, Hot Water |
LOT | 6534 sq ft |
LOT DESCRIPTION | Level |
MLS STATUS | Active |
PARKING | Gravel, On Site |
SEWER | Public Sewer |
STYLE | Colonial, Other |
TAXES | 7572 |
WATER | Public |
TOTAL MONTHLY PAYMENT
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